Hedera Trading Down 17.4% This Week (HBAR)

Hedera (HBAR) traded down 6.5% against the U.S. dollar during the one day period ending at 18:00 PM E.T. on August 7th. Hedera has a market capitalization of $1.86 billion and $64.77 million worth of Hedera was traded on exchanges in the last 24 hours. One Hedera coin can currently be purchased for $0.0519 or 0.00000094 BTC on major exchanges. During the last week, Hedera has traded down 17.4% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 4.9% against the dollar and now trades at $20.10 or 0.00036351 BTC.
• NEAR Protocol (NEAR) traded down 4.4% against the dollar and now trades at $3.58 or 0.00006478 BTC.
• Internet Computer (ICP) traded 6.6% lower against the dollar and now trades at $7.13 or 0.00012886 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0780 or 0.00000141 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $4.84 or 0.00008761 BTC.
• Algorand (ALGO) traded down 2.3% against the dollar and now trades at $0.11 or 0.00000200 BTC.
• Fetch.ai (FET) traded down 5.1% against the dollar and now trades at $0.82 or 0.00001475 BTC.
• Akash Network (AKT) traded down 11.5% against the dollar and now trades at $2.29 or 0.00004142 BTC.
• Theta Fuel (TFUEL) traded down 3.1% against the dollar and now trades at $0.0520 or 0.00000094 BTC.
• Kava (KAVA) traded down 1.5% against the dollar and now trades at $0.30 or 0.00000539 BTC.

About Hedera

HBAR uses the hashing algorithm. Its genesis date was August 1st, 2017. Hedera’s total supply is 50,000,000,000 coins and its circulating supply is 35,865,137,917 coins. Hedera’s official Twitter account is @hedera and its Facebook page is accessible here. Hedera’s official website is www.hedera.com. The official message board for Hedera is hedera.com/blog. The Reddit community for Hedera is https://reddit.com/r/hedera and the currency’s Github account can be viewed here.

According to CryptoCompare, “Hedera (HBAR) is a cryptocurrency launched in 2017. Hedera has a current supply of 50,000,000,000 with 35,865,137,917.407 in circulation. The last known price of Hedera is 0.05681175 USD and is up 2.62 over the last 24 hours. It is currently trading on 277 active market(s) with $69,683,732.83 traded over the last 24 hours. More information can be found at https://www.hedera.com/.”

Buying and Selling Hedera

It is usually not currently possible to buy alternative cryptocurrencies such as Hedera directly using US dollars. Investors seeking to trade Hedera should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Hedera using one of the exchanges listed above.

HBAR/USD price chart by TradingView